G-S as you might notice , 9 and 13 are probably the least safe! Maybe CDN is a bit rubbishy, but HIF MIO and CDN are gambles'. I suppose EME is a gamble too.
neither produce but at least RDG has a licence!
now OXS...
I like and appreciate OXS but was a smart -ass and sold far too soon again.
But they are not a cheap stock compared with many especially some gold miners not on the London market.
I will want to buy OXS again in the low 60's but of course I might not manage it.
as Eric Lonnegan, a specialist, says on the other OXS thread,
' buy a basket of mineral stocks... the markets do not rate them.'
as a better exposure to the metals than buying the metals.
However he is right: the markets are very tough on Minerals stocks. Look at Housebuilders for example, even though we are near the end of their cycle theya re motoring. BAY and easyjet - zoom zoom. Why? look at the price of fuel.
. Mining stocks ? forget it.
That includes some reasons I dont buy OXS at the moment. There is cheap, and there is the perception of being cheap. My OXS cash has gone on more GFM and some oil stocks.
anyhow, have a good Xmas , and
I'll be lurking in case anyone wants a blether over the week between Xmas and New Year.
H.
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